Villa Kunalai PCL Cash Flow Statement

Financials in millions THB. Fiscal year is January - December.

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	3.61	29.72	50.68	106.43	155.79
Depreciation & Amortization	6.02	6.14	5.45	5.7	6.25
Other Amortization	0.14	0.28	0.28	0.92	1.45
Loss (Gain) From Sale of Assets	-	-0.01	-	-0	-0.06
Asset Writedown & Restructuring Costs	0.84	0	0	0.01	0.07
Other Operating Activities	-124.22	-114.92	-97.01	-51.54	-24.63
Change in Accounts Receivable	3.56	1.23	-5.95	26.34	-32.05
Change in Inventory	203.93	124.96	-741.11	-142.3	-662.78
Change in Accounts Payable	-33.97	-92.92	-54.45	-0.55	101.74
Change in Unearned Revenue	-23.76	21.84	-1.49	3.37	4.16
Change in Other Net Operating Assets	-23.81	-10.65	28.49	-102.64	-34.81
Operating Cash Flow	12.33	-34.34	-815.11	-154.26	-484.87
Capital Expenditures	-0.65	-11.77	-11.63	-2.25	-2.13
Sale of Property, Plant & Equipment	-	0.01	-	0	0.06
Sale (Purchase) of Intangibles	-	-	-	-0.5	-
Investment in Securities	-10.51	0	-0	-	1.51
Other Investing Activities	-29.05	0.35	2.96	11.23	9.2
Investing Cash Flow	-40.2	-11.4	-8.67	8.47	8.64
Short-Term Debt Issued	600.33	160	208.06	160	220
Long-Term Debt Issued	1,043	927.42	1,345	1,139	1,120
Total Debt Issued	1,643	1,087	1,553	1,299	1,340
Short-Term Debt Repaid	-510.26	-216	-160	-209.75	-160
Long-Term Debt Repaid	-1,106	-871.38	-875.45	-668.05	-606.73
Total Debt Repaid	-1,616	-1,087	-1,035	-877.8	-766.73
Net Debt Issued (Repaid)	26.84	0.04	517.89	421.6	572.83
Issuance of Common Stock	0	50	131.69	-	-
Common Dividends Paid	-7.88	-	-46.81	-89.23	-53.04
Other Financing Activities	-29.47	-5.69	-8.77	-11	-7.05
Financing Cash Flow	-10.51	44.35	594	321.38	512.74
Net Cash Flow	-38.38	-1.39	-229.78	175.59	36.51
Free Cash Flow	11.69	-46.11	-826.74	-156.51	-487
Free Cash Flow Margin	2.27%	-6.95%	-113.49%	-15.63%	-49.11%
Free Cash Flow Per Share	0.01	-0.06	-1.10	-0.22	-0.68
Cash Interest Paid	135.83	121.33	103.4	42.81	33.88
Cash Income Tax Paid	9.72	11.25	12.17	42.07	32.1
Levered Free Cash Flow	11.89	120.03	-832.02	-214.22	-429.09
Unlevered Free Cash Flow	23.32	124.63	-829.65	-211.18	-428.97
Change in Working Capital	125.94	44.46	-774.51	-215.77	-623.74

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.